XAUUSD
Hello traders,
For tomorrow, I am expecting bearish momentum in the gold market. Currently, there is a noticeable bearish short-term trend in place. Moreover, we have witnessed a significant retracement to the Fibonacci level of 78%. Based on this setup, I am looking for a potential move back to the levels around 1940 or possibly even 1936. These could be potential target areas for short positions in the market.
However, it's important to remain cautious of any news regarding the dollar, as such developments can swiftly alter the market's direction.
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Assian session fucked up this setup